Power Metals (CVE:PWM) Shares Up 38.9% – Should You Buy?

Power Metals Corp. (CVE:PWMGet Free Report) was up 38.9% on Friday . The stock traded as high as C$1.03 and last traded at C$1.00. Approximately 2,447,665 shares were traded during mid-day trading, an increase of 499% from the average daily volume of 408,754 shares. The stock had previously closed at C$0.72.

Power Metals Stock Down 7.0%

The firm has a market capitalization of C$135.82 million, a price-to-earnings ratio of -156.19 and a beta of 0.83. The business has a 50-day moving average of C$0.83 and a two-hundred day moving average of C$0.76.

Power Metals Company Profile

(Get Free Report)

Power Metals Corp., an exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. The company primarily explores for lithium, cesium, and tantalum metal deposits. It holds a 100% interest in the Case Lake property that consists of 475 cell claims located in Ontario.

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